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ANALYSIS OF SHORTCOMINGS AND BOTTLENECKS IN THE RECRUITMENT AND SELECTION PROCEDURE IN BANKS


Dr. Sanjay Kumar
,
Abstract

The present study deals with the Recruitment and Selection policies and practices in the Public and Private Sector Banks with special reference to identified Banks vis-a-vis the implications on the performance of the employees. It has been observed that the Recruitment and Selection process in the Public and Private sector Banks are accomplished through the particular procedure as laid down in the prescribed Recruitment Rules (RR) of the particular banks. The Public banks following the systematic procedure of recruitment based on their duly adopted recruitment rules whereas the Private Banks initiated for the recruitment based on their own policies and procedures, which are someway different from the Public Bank sector.

The study envisaged to compare the recruitment and selection methods adopted in the identified Public sector Banks viz., State Bank of India (SBI), Punjab National Bank (PNB) and Union Bank of India (UBI). Similarly, the method of recruitment and selection in the identified Banks in Private sector viz., ICICI Bank, HDFC and Axis Bank (previously UTI Bank) has been the focus of study.  The performance of both sectors of bank is to be determined based on established and adopted recruitment practices. Therefore, the analysis of the shortcoming and bottlenecks in the Public and Private Banks is the key area in the article.

KEYWORDS: Manpower planning, recruitment and selection, recruitment rules, transfer, promotion, motivation and stratified random sampling.

Keywords:
Journal Name :
EPRA International Journal of Economic and Business Review(JEBR)

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Vol : 6
Issue : 9
Month : September
Year : 2018
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